Tasangana Group

£658.45

Repayment term:

4 Months

Activity type:

Butcher

MFI partner:

Microloan Foundation Zimbabwe

Loveness Takundwa is one of the members of Tasangana group in northern Zimbabwe. This will be her second loan with Lendwithcare’s partner The MicroLoan Foundation. She used her first loan to make bricks, which she sold for a profit. She then invested this money into her gardening enterprise which was doing well, but she has noticed that there is a gap in the market for a butcher. She is looking to borrow a $250 share of this loan to open her butchery. Loveness’ husband is unemployed and they have five children to provide for. She would like her business to develop and grow so that she is able to pay for her children to get a higher education so they can get good jobs in the future.
There are five women in Tasangana group, who run businesses that will provide for their families. They all dream of being able to equip their children with the education and opportunities they need to have a brighter future.

Please note that Zimbabwe is at present going through a severe economic recession and that there is an additional risk that some of the loans might be delayed or defaulted. You can find more information here.